The Phase I program consisted of historical data analysis, regional soil sampling, an airborne VTEM geophysical survey, detailed geologic and alteration mapping and an expansion of the existing gravity survey.
The Company completed an airborne VTEM and magnetic survey that was flown on 100 metre spaced lines oriented perpendicular to the historic radiometric and magnetic survey completed by Agnico Eagle Mines Ltd. in 2011. The results of this new survey (See Figure 1) have outlined structures and structural intersections that play a key role in controlling gold mineralization at North Stock and Blackjack and their possible extensions. Furthermore, a group of targets on the northern section of the property, 3 to 5 kilometres north of North Stock, show similar northeast and northwest-structural controls and have associated alkaline magmatism. The interpretation of the VTEM data will play a key role in understanding the structural framework of the district and prioritizing 2017 drill targets.